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Coherent Corp (COHR)
NYSE:COHR
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COHR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$45.03 - $113.60
Previous CloseN/A
Volume960.46K
Average Volume (3M)2.45M
Market Cap
$14.80B
Enterprise Value$19.56B
Total Cash (Recent Filing)$271.89M
Total Debt (Recent Filing)$322.02M
Price to Earnings (P/E)―
Beta3.48
Next Earnings
Feb 05, 2025EPS Estimate
0.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.23
Shares Outstanding154,663,990
10 Day Avg. Volume2,994,376
30 Day Avg. Volume2,449,664
Standard Deviation0.15
R-Squared0.35
Alpha0.00842
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.96
Price to Cash Flow (P/CF)24.20
P/FCF Ratio60.70
Enterprise Value/Market Cap1.32
Enterprise Value/Revenue3.91
Enterprise Value/Gross Profit13.44
Enterprise Value/Ebitda25.88
Forecast
1Y Price Target
$120.25Price Target Upside22.34% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Coherent Corp News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceOngoing strength in the AI-related Datacom transceiver business and a pickup in Telecom drove modest revenue upside and, along with better gross margins, enabled COHR to exceed the high end of EPS guidance.
Leadership And ManagementThe new CEO, Jim Anderson, has a strong track record and is seen as having a great opportunity to create value at Coherent.
Market DemandCoherent will benefit from very strong end-market demand as well as the shift to AI in the Datacom transceivers market.
Bears Say
Industrial Market PerformanceIndustrial market sales fell by 10% sequentially, with precision manufacturing experiencing demand headwinds despite strong display performance.
Market Share ConcernsA market share shift to EMLs in FY25 is foreseen, which may challenge Coherent's current leadership in VCSELs.
Restructuring CostsCoherent has spent nearly $500 million on restructuring with no significant financial benefits observed so far.
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Ownership Overview
1.15% Insiders
32.57% Mutual Funds
0.49% Other Institutional Investors
43.90% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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COHR FAQ
What was Coherent Corp’s price range in the past 12 months?
Coherent Corp lowest stock price was $45.02 and its highest was $113.60 in the past 12 months.
What is Coherent Corp’s market cap?
Coherent Corp’s market cap is $14.80B.
When is Coherent Corp’s upcoming earnings report date?
Coherent Corp’s upcoming earnings report date is Feb 05, 2025 which is in 15 days.
How were Coherent Corp’s earnings last quarter?
Coherent Corp released its earnings results on Nov 06, 2024. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.613 by $0.127.
Is Coherent Corp overvalued?
According to Wall Street analysts Coherent Corp’s price is currently Undervalued.
Does Coherent Corp pay dividends?
Coherent Corp does not currently pay dividends.
What is Coherent Corp’s EPS estimate?
Coherent Corp’s EPS estimate is 0.69.
How many shares outstanding does Coherent Corp have?
Coherent Corp has 154,663,990 shares outstanding.
What happened to Coherent Corp’s price movement after its last earnings report?
Coherent Corp reported an EPS of $0.74 in its last earnings report, beating expectations of $0.613. Following the earnings report the stock price went up 10.077%.
Which hedge fund is a major shareholder of Coherent Corp?
Among the largest hedge funds holding Coherent Corp’s share is Dodge & Cox. It holds Coherent Corp’s shares valued at 946M.
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Coherent Corp Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$120.25 (22.34% Upside)
$120.25 (22.34% Upside)
Blogger Sentiment
Bullish
COHR Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 18.3%
Last 30 Days ▲ 18.3%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
122.87%
12-Months-Change
Fundamentals
Return on Equity
-0.84%
Trailing 12-Months
Asset Growth
8.71%
Trailing 12-Months
Company Description
Coherent Corp
II-VI, Inc. engages in the development, refinement, manufacturing, and marketing of engineered materials and opto-electronic components and devices for precision in the field of industrial materials processing, optical communications, aerospace and defense, consumer electronics, semiconductor capital equipment, life sciences, and automotive applications and markets. It operates through the following three segments: Laser Solutions, Photonics, and Performance Products. The Laser Solutions segment designs, manufactures, and markets optical and electro-optical components and materials sold under the II-VI Infrared brand name. The Photonics segment manufactures crystal materials, optics, microchip lasers, and optoelectronic modules for use in optical communications networks and other diverse consumer, life sciences, and commercial applications. The Performance Products segment designs, manufactures, and markets infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications. The company was founded Carl J. Johnson in 1971 and is headquartered in 1971 and is headquartered in Saxonburg, PA.
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COHR Company Deck
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COHR Earnings Call
Q1 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in datacom and networking segments, debt reduction, and non-GAAP EPS improvement. However, there were challenges in industrial and materials segments due to market weaknesses. Overall, positive performance in key growth areas outweighs the lowlights.Read More>---
COHR Stock 12 Month Forecast
Average Price Target
$120.25
▲(22.34% Upside)
Technical Analysis
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Best Analysts Covering COHR
1 Year
1 Year Success Rate
17/19 ratings generated profit
1 Year Average Return
+41.81%
reiterated a buy rating 3 months ago
Copying Samik Chatterjee's trades and holding each position for 1 Year would result in 89.47% of your transactions generating a profit, with an average return of +41.81% per trade.
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